REG - Velocys PLC - Director/PDMR Shareholding

VelocysAnnouncement

19/07/2022 07:00

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RNS Number : 8847S  Velocys PLC  19 July 2022

19 July 2022

Velocys plc

("Velocys" or the "Company")

Director's Shareholding

Velocys plc (VLS.L), the sustainable fuels technology company, announces that
the following director has purchased Ordinary Shares of 1 penny each in the
Company ("Shares").  Details of the purchase and resultant holding are as
follows:

 Director                                    Date of       Number                Purchase   Total    % ISC held following
purchase
of Shares purchased
price
Shares
purchase
held
 Philip Sanderson (Chief Financial Officer)  18 July 2022  200,000               4.3 pence  200,000  0.01%

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Philip Thomas Edward Sanderson
 2    Reason for the notification
 a)   Position/status                                              Chief Financial Officer
 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Velocys plc
 b)   LEI                                                          549300KGMQV70HA5Y715
 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument  Ordinary Shares of 1 penny each

      Identification code

                                                                   ISIN: GB00B11SZ269
 b)   Nature of the transaction                                    Purchase of shares

 c)   Price(s) and volume(s)                                        Price                             No. of shares
                                                                   4.3 pence                          200,000
 d)   Aggregated information

      - Aggregated volume

      - Price                                                      Volume:  200,000

                                                                   Price:   4.3 Pence
 e)   Date of the transaction                                      18 July 2022
 f)   Place of the transaction                                     London Stock Exchange

d)

Aggregated information

- Aggregated volume

- Price

 

 

Volume:  200,000

Price:   4.3 Pence

e)

Date of the transaction

18 July 2022

f)

Place of the transaction

London Stock Exchange

 

 For further information, please contact:

Velocys                                                            +44 1865 800821

 Henrik Wareborn, CEO

 Philip Sanderson, CFO

 Lak Siriwardene, Director of Communications & Sustainability

 Panmure Gordon (UK) Limited (Nomad and Joint Broker)               +44 20 7886 2500

 Hugh Rich (Corporate Broking)

 Emma Earl (Corporate Finance)

John Prior (Corporate Finance)

 Shore Capital Stockbrokers Limited (Joint Broker)                  +44 20 7408 4090

 Henry Willcocks (Corporate Broking)

 Toby Gibbs (Corporate Advisory)

 James Thomas (Corporate Advisory)
 Radnor Capital (Investor Relations)                                +44 20 3897 1830

 Joshua Cryer

 Iain Daly
 Buchanan (Financial PR)                                            +44 20 7466 5000

 Helen Tarbet

 Simon Compton

Notes to Editors

 

Velocys is an LSE-listed, international sustainable fuels technology company,
traded on the AIM, providing customers with a technology solution to enable
the production of negative Carbon Intensity synthetic, drop-in fuels from a
variety of waste materials. Synthetic fuel is the only commercially available,
permanent alternative to fossil aviation fuels. The Velocys technology is
IP-protected in all major jurisdictions.

 

Two reference projects (Bayou Fuels, US, and Altalto, UK) are designed to
accelerate the adoption and standardise the Velocys proprietary Fischer
Tropsch (FT) technology with an integrated end to end solution, including
renewable power and carbon sequestration.

Velocys is enabling commercial scale synthetic fuel production in response to
the clean energy transition, with significant additional positive air quality
impacts.

www.velocys.com (http://www.velocys.com)

 

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